Automotive Adhesives Market Report Scope & Overview:

The Automotive Adhesives Market Size was valued at USD 7.10 billion in 2022, and is expected to reach USD 11.31 billion by 2030, and grow at a CAGR of 6.0% over the forecast period 2023-2030.

Adhesives are thin, light-weight parts used to join materials including plastic, metal, composites, and others. The automotive industry is using adhesives more and more to bind different car parts, like structural modules and closures. The mass of a vehicle is reduced, front and rear lateral body stiffness are increased, crash performance is improved, and noise, vibration, and harshness are reduced as a result of more vehicle manufacturers using adhesives (NVH). Additionally, the construction of new, creative vehicle body designs and mixed-material designs using high-strength steels, nonferrous metals, plastic, and composites is facilitated by adhesive bonding. Adhesives also provide strong adhesion over a variety of substrates. It can be used to fasten steel and alloyed parts as well as dashboards, door panels, electronics, light covers, and lenses.

Automotive Adhesives Market Revenue Analysis

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Market Dynamics:


  • Increasing Demand for Vehicles with Low Carbon Emissions and Light Weights

  • Due to government regulations and purchase incentives, automakers are investing in EVs more and more.


  • Price volatility for raw materials

  • The variations in the price of crude oil


  • Potential for Autonomous EV Development and Rising Demand for Low-VOC, Green, and Sustainable Adhesives

  • Adhesives are crucial for radars, sensors, and cameras.


  • Prospects for autonomous electric vehicles

  • strict governmental regulations

Impact of COVID-19:

The financial and industrial sectors of travel and tourism, manufacturing, and aviation have all seen substantial economic effects from COVID-19. According to the World Bank and IMF, the worst economic recession is anticipated to occur in 2020–2021. Economic activity is dwindling, which has an effect on the world economy as more nations impose and extend lockdowns.

The world economy has recently become significantly more intertwined. Disruptions in the global supply chain, a decline in demand for imported goods and services, and a rise in the unemployment rate are all indications of the unfavourable effects of the different actions taken to contain COVID-19. With historically low interest rates and severe drops in the prices of commodities and equities, risk aversion has intensified in the financial sector. Consumer and corporate confidence have reduce.

Market Segment:

By Resin Type:

  • Polyurethane

  • Epoxy

  • Acrylics

  • Silicone

  • SMP

  • MMA

  • Others (polysulfide, rubber, polyamide, and others)

By Application:

  • Body in white

  • Paint Shop

  • Assembly

  • Power Train

By Vehicle Type:

  • Passenger cars

  • LCVs

  • Trucks

  • Buses

  • Aftermarket

By Technology

  • Hot melt

  • Solvent Based

  • Water based

  • Pressure Sensitive

  • Others (Reactive and Thermosetting)

Automotive Adhesives Market Segmentation Analysis

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Regional Analysis:

The automotive adhesives market is split between North America, Europe, and Asia-Pacific. the dominant region in North America for this market. Top investors and significant market players are present in the region. The largest market shares for automotive adhesives are found in North America.

This area has a high level of awareness regarding automotive adhesive. The introduction of EVs will increase market growth potential. A further regional participant with strong growth is Asia Pacific. There are numerous elements that influence demand in the Asia Pacific region. Japan, India, and other important nations will increase sales. Another continent with large automakers is Europe. The leading automakers will boost this market's supply rates.


  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Key Players:

The Key Players are Illinois Tool Works Corporation, Bostik S.A., Sika AG, 3M Company, Henkel & Co. KGaA, The DOW Chemical Company, H.B. Fuller, Jowat AG, PPG Industries, Solvay S.A & Other Players.

3M Company-Company Financial Analysis


Automotive Adhesives Market Report Scope:

Report Attributes Details
Market Size in 2022 US$ 7.10 Billion
Market Size by 2030 US$ 11.31 Billion
CAGR CAGR of 6.0% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By resin type (Polyurethane, Epoxy, Acrylics, Siliconek, SMP, MMA, Others (polysulfide, rubber, polyamide, and others))
• By application (Body in white, Paint Shop, Assembly, Power Train )
• By vehicle type (Passenger cars, LCVs, Trucks, Buses, Aftermarket)
• By Technology (Hot melt, Solvent Based, Water based, Pressure Sensitive, Others (Reactive and Thermosetting))
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Illinois Tool Works Corporation, Bostik S.A., Sika AG, 3M Company, Henkel & Co. KGaA, The DOW Chemical Company, H.B. Fuller, Jowat AG, PPG Industries, Solvay S.A.
DRIVERS • Increasing Demand for Vehicles with Low Carbon Emissions and Light Weights
• Due to government regulations and purchase incentives, automakers are investing in EVs more and more.
Restraints • Price volatility for raw materials
• The variations in the price of crude oil

Frequently Asked Questions

Ans: Primary or secondary type of research done by this reports.

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.

Ans: Prospects for autonomous electric vehicles and strict governmental regulations are the challenges faced by the Automotive Adhesives Market.


Ans: Price volatility for raw materials and The variations in the price of crude oil are the restraints for Automotive Adhesives Market.


Ans: Automotive Adhesives Market Size was valued at USD 7.10 billion in 2022, and is expected to reach USD 11.31 billion by 2030, and grow at a CAGR of 6.0 % over the forecast period 2023-2030.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies US Canada Germany France United Kingdom China Japan South Korea Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7.  PEST Analysis

8. Automotive Adhesives Market Segment, By resin type

8.1 Polyurethane

8.2 Epoxy

8.3 Acrylics

8.4 Silicone

8.5 SMP

8.6 MMA

8.7 Others

9. Automotive Adhesives Market Segment, By application

9.1 Body in white

9.2 Paint Shop

9.3 Assembly

9.4 Power Train

10. Automotive Adhesives Market Segment, By vehicle type

10.1 Passenger cars

10.2 LCVs

10.3 Trucks

10.4 Buses

10.5 Aftermarket

11. Automotive Adhesives Market Segment, By Technology

11.1 Hot melt

11.2 Solvent Based

11.3 Water based

11.4 Pressure Sensitive

11.5 Others

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2 Canada

12.2.3 Mexico

12.3 Europe

12.3.1 Germany

12.3.2 UK

12.3.3 France

12.3.4 Italy

12.3.5 Spain

12.3.6 The Netherlands

12.3.7 Rest of Europe

12.4 Asia-Pacific

12.4.1 Japan

12.4.2 South Korea

12.4.3 China

12.4.4 India

12.4.5 Australia

12.4.6 Rest of Asia-Pacific

12.5 The Middle East & Africa

12.5.1 Israel

12.5.2 UAE

12.5.3 South Africa

12.5.4 Rest

12.6 Latin America

12.6.1 Brazil

12.6.2 Argentina

12.6.3 Rest of Latin America

13. Company Profile

13.1 Illinois Tool Works Corporation

13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 Bostik S.A.

13.3 Sika AG

13.4 3M Company

13.5 Henkel & Co. KGaA

13.6 The DOW Chemical Company

13.7 H.B. Fuller

13.8 Jowat AG

13.9 PPG Industries

13.10 Solvay S.A.

14.Competitive Landscape

14.1 Competitive Benchmark

14.2 Market Share Analysis

14.3 Recent Developments

15. Conclusion

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Secondary Research

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Primary Research

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Data Bank Validation

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